Nam Tan Uyen Industrial Park is located on 620.5 ha in Khanh Binh commune, Tan Uyen district, Binh Duong province. The park was built in 2005 by Nam Tan Uyen Industrial Park Joint Stock Company, a member of Vietnam Rubber Industry Group. To date, this is the best performing industrial park invested by the Vietnam Rubber Industry Group.
Successful late comers
Although it was established later than other industrial parks in Binh Duong province and by the Vietnam Rubber Industry Group, Nam Tan Uyen Industrial Park has synchronous infrastructure system to serve investors thanks to the good capacity of the developer. According to Nam Tan Uyen Industrial Park Joint Stock Company, the company has to date invested VND239 billion to build technical infrastructure systems, including a 32.4 km asphalted roads, 53.6 km of water drainers, 32.5 ha of green areas, and 51.6 km of waste collecting system. The company is operating the first module of the wastewater treatment plant with a daily capacity of 2,000 cubic metres (for the 332.5 ha Nam Tan Uyen 1 Industrial Park) and is preparing to double the daily capacity to 4,000 cubic metres (for 288-ha Nam Tan Uyen 2 Industrial Park). The second section has leased 20 hectares of land to investors.
So far, 74 projects have been officially licensed to lease nearly 169 ha in Nam Tan Uyen Industrial Park, including 50 domestic enterprises and 24 foreign-invested enterprises, which registered to invest VND1,020 billion and over US$250 million in total. Nearly 40 projects have gone into stable operation. They mainly focus on food processing and packaging, consumer goods production, electrical and electronics production and assembly, machine and equipment production, household goods production. In addition to leasing land, the industrial park also spared 6.3 ha to lease workshops. At present, six investors have rented these facilities for their production and business operations.
Better service
According to many investors, Nam Tan Uyen Industrial Park has a lot of incentives for investors. Talking about the reason why her company chose Nam Tan Uyen Industrial Park, Ms Shannon Masrin, Director of Lautan Luas Vietnam (an affiliate of the Lautan Luas Group of Singapore), said: “In 2010, Lautan Luas Vietnam inaugurated the chemical and cosmetics plant in Nam Tan Uyen Industrial Park with a total investment capital of US$12 million in the first phase. With good infrastructure and favourable geographic location, Lautan Luas Vietnam Co., Ltd will expand the second phase in the coming time, bringing up the total investment capital to US$20 million.”
Mr Nguyen Minh Hung, General Director of Nam Tan Uyen Industrial Park Joint Stock Company, said: “Creating most favourable conditions for investors to do business effectively is our top objective. We are pledged ourselves to going with investors in the industrial park. The success of investors is ours. To better serve the demand of investors and power up local industrial development, the company will focus on expanding Nam Tan Uyen Industrial Park by 288 ha with a total investment capital of nearly VND500 billion. Right in 2011, the company planned to invest roughly VND160 billion to construct infrastructure systems in this expanded zone. Economic development must be attached to environmental protection; thus, we will focus on attracting environment-friendly and capital-intensive projects into Nam Tan Uyen Industrial Park.”
In addition to focusing on infrastructure for the expanded industrial park, the company will cooperate with capable firms to build a residential zone covering on an area of over 50 ha in proximity to the industrial park. The residence will include modern utilities like houses for specialists, entertainment centres for workers, clinics, kindergartens, etc. According to General Director Nguyen Minh Hung, only such investment can satisfy investors in the industrial park and meet the sustainable development objective of Binh Duong province and Vietnam Rubber Industry Group.
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